Secret (Binance: SCRTUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, SCRT began a red wave one advance on November 3. The red wave one finished on November 4 and the red wave two correction ended on November 6. I believe SCRT is currently heading towards the December 12 peak (blue sub-wave iii peak) in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Secret Network is a layer 1, privacy-enabled blockchain, featuring "secret" smart contracts with encrypted inputs/outputs/state. Ivan on Tech interviewed Tor Bair from Secret Network (former Enigma) back in September.
(Sources: https://scrt.network/)How Will Secret Trade?
Secret (Binance: SCRTUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
SCRT will takeout the December 12 peak
SCRT will drop below the November 26 low
SCRT will stay in a trading range between the November 26 low and the December 12 peak until February 1, 2021